Walmart Inc. $WMT Shares Sold by New York State Teachers Retirement System

Key Points

• The New York State Teachers Retirement System reduced its stake in Walmart Inc. by 1.8%, holding approximately 3.68 million shares after selling 67,046 shares in the second quarter.
• Walmart's recent earnings report showed $0.68 EPS, missing estimates of $0.74, and revenue of $169.34 billion, below the forecast of $174.02 billion.
• Analyst ratings for Walmart remain optimistic, with 31 analysts giving a "Buy" rating and a target price averaging $112.63.

New York State Teachers Retirement System lowered its stake in Walmart Inc. (NYSE:WMT - Free Report) by 1.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,684,412 shares of the retailer's stock after selling 67,046 shares during the quarter. Walmart comprises 0.8% of New York State Teachers Retirement System's portfolio, making the stock its 18th largest position. New York State Teachers Retirement System's holdings in Walmart were worth $360,262,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Operose Advisors LLC grew its stake in shares of Walmart by 319.7% in the first quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock valued at $28,000 after buying an additional 243 shares in the last quarter. PFS Partners LLC grew its stake in shares of Walmart by 267.8% in the second quarter. PFS Partners LLC now owns 320 shares of the retailer's stock valued at $31,000 after buying an additional 233 shares in the last quarter. Ridgewood Investments LLC grew its stake in Walmart by 55.3% during the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer's stock valued at $32,000 after purchasing an additional 115 shares in the last quarter. Bear Mountain Capital Inc. grew its stake in Walmart by 98.2% during the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock valued at $32,000 after purchasing an additional 167 shares in the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd grew its stake in Walmart by 432.4% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock valued at $32,000 after purchasing an additional 294 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company's stock.

Walmart Trading Up 1.7%

Shares of NYSE WMT opened at $109.05 on Thursday. The company has a market cap of $869.45 billion, a price-to-earnings ratio of 41.00, a price-to-earnings-growth ratio of 5.05 and a beta of 0.67. Walmart Inc. has a 12-month low of $79.81 and a 12-month high of $109.56. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The stock's 50 day simple moving average is $101.55 and its 200 day simple moving average is $97.61.

Walmart (NYSE:WMT - Get Free Report) last announced its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.06). The company had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The company's revenue for the quarter was up 4.8% on a year-over-year basis. During the same period last year, the business posted $0.67 EPS. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Equities research analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. BTIG Research assumed coverage on Walmart in a research note on Tuesday. They set a "buy" rating and a $120.00 price objective for the company. Royal Bank Of Canada restated an "outperform" rating and set a $106.00 price objective on shares of Walmart in a research note on Friday, August 22nd. The Goldman Sachs Group lifted their target price on Walmart from $101.00 to $114.00 and gave the stock a "buy" rating in a research report on Friday, August 22nd. JPMorgan Chase & Co. decreased their target price on Walmart from $130.00 to $127.00 and set an "overweight" rating for the company in a research report on Friday, August 22nd. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of Walmart in a research report on Wednesday, October 8th. Thirty-one investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Walmart presently has an average rating of "Moderate Buy" and an average price target of $112.63.

Insider Activity

In other Walmart news, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $103.74, for a total transaction of $1,361,587.50. Following the sale, the executive vice president owned 906,064 shares of the company's stock, valued at $93,995,079.36. The trade was a 1.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction on Friday, September 19th. The shares were sold at an average price of $103.83, for a total value of $415,320.00. Following the sale, the executive vice president directly owned 1,048,455 shares in the company, valued at $108,861,082.65. The trade was a 0.38% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 136,363 shares of company stock worth $13,668,438 over the last ninety days. 0.10% of the stock is currently owned by company insiders.

About Walmart

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.

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